Air Freight News

Sealand announced new BAF Effective June 1, 2020

May 01, 2020

Sealand has reviewed its Bunker Adjustment Factor (BAF), and the new tariffs will be effective 1 June 2020.

Sealand used Bunkerworld’s fuel price index for 0.5% Sulphur fuel oil (VLSFO) for the BAF calculation, and the average bunker price used is 241.48 USD/TON. The details on the period and reference ports used for the calculation can be found in the table below.

Fuel type Period ROT SIN PAN Average
VLSFO 26 Feb'20 - 25 MAR'20 300.76 345.81 388.86 345.14
VLSFO 26 MAR'20 - 25 APR'20 212.00 244.86 267.57 241.48

The BAF will be applicable to all contracts with validity longer than three months, and the tariff values can be found in the table below:

Scope   BAF DRY+ Special Equipment + NOR BAF REEF
20DV 40DV 40HC 45HC 20REEF 40REEF
North America (United States, Canada, US Virgin Islands, Central America, Mexico, Caribbean, WCSA to East Coast South America USD 73 145 145 - 109 217
North America (United States, Canada, US Virgin Islands to/from West Coast South America, North Coast South America, Central America, Mexico & Caribbean USD 121 241 241 241 181 362
East Coast South America to Central America, Caribbean, Mexico, West Coast South America, North America USD 157 314 314 - 236 471
Intra-Latin America (Central America, Caribbean, Mexico, West Coast South America, North Coast South America) USD 61 121 121 121 91 181

Similar Stories

https://www.ajot.com/images/uploads/article/xChange_chart_7_3.png
Container xChange China market update
View Article
MSC GRI - scope: Import Indian Subcontinent/Middle East to USA (ISC/ME) 

Mediterranean Shipping Company has filed and will implement the following General Rate Increase (GRI) effective October 15th, 2024, as below. 

View Article
https://www.ajot.com/images/uploads/article/DNV_Hanwa_Ocean_TADC_Gastech_1.jpg
DNV awards Type Approval Design certification to Hanwha Ocean’s rotor sail technology
View Article
https://www.ajot.com/images/uploads/article/AIRCAT_Vessel.jpg
Centus Marine selects AIRCAT vessels and Strategic Marine for next generation personnel transfer vessel
View Article
https://www.ajot.com/images/uploads/article/Crowley_tugs.jpg
Crowley mariners recognized with HERO awards by American Waterways Operators
View Article
https://www.ajot.com/images/uploads/article/Wallenius_MV_Future_Way.jpg
Wallenius’ pioneering vessel Future Way christened in Germany
View Article